Total News

Venezuela's state-run oil company PDVSA has started filling tankers with crude and fuel oil and keeping them in Venezuelan waters, as inventories have mounted due to the U.S. seizing Venezuela-linked ships at sea, according to company documents and shipping data.This month, the U.S. Coast Guard intercepted the Skipper and Centuries tankers in the Caribbean Sea, both fully loaded with Venezuelan crude. The Coast Guard this week was pursuing a third empty vessel that was approaching…

The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden Ver Gamma offshore wind farms have been installed by contractor NRG.In a few years, the green energy from the offshore wind farms will arrive onshore via cables buried in the seabed near Maasvlakte and will then be distributed to industry…

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured a contract covering two of its large-class vessels in Europe.The contract spans a total of 1624 days and will see the vessels continue to support offshore operations across the region.Following this award, GMS’s contracted backlog has increased to $540 million, according to the company.“We are delighted to have secured this contract, which once again highlights the strong…

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million, will be executed primarily using DOF’s regional fleet during the fourth quarter of 2025 and the first quarter of 2026. The contracts represent more than 250 firm vessel days, excluding optional work.In West Africa, DOF will deploy Skandi Hera and Skandi Master under direct contracts with an operator.

GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new liquefied natural gas (LNG) carrier.The LNG carrier will be built by the shipyard Hyundai Samho Heavy Industries (HSHI) on behalf of the ship-owner Hyundai Glovis.With a total capacity of 174,000 m3, the vessel’s cryogenic tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.Delivery of the vessel is scheduled for the fourth quarter of 2028.

Corvus Energy, a provider of zero-emission energy solutions for the maritime industry, has received a record order from Remontowa Shipbuilding in Poland for the supply of battery systems for seven new fully electric ferries for Scottish Government owned Caledonian Maritime Assets Limited (CMAL) in Scotland.This marks the largest contract in Corvus Energy’s history, measured in USD value, and represents a milestone in advancing clean, sustainable ferry operations in the UK.The…

Nereida Energy has signed its first contract to supply maritime battery systems with a total capacity of 17MWh to Frydenbø Elmarin. The systems will be installed on two ferries owned by Vestlandske Trafikk, which will be converted to electric propulsion for operation in the Geirangerfjord starting summer 2026. The Geirangerfjord is part of the UNESCO World Heritage Site, and from January 2026, strict requirements for zero-emission vessels will come into effect. This project is…

Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections, the main crane, and the start of commissioning activities.According to Cadeler, Wind Ace A-Class WTIV will be delivered to the company in 2026, and will become the 11th vessel in its expanding fleet of wind turbine installation vessels.“Thanks to close collaboration between our local Cadeler site team…

Wärtsilä will supply the main engines for two new pusher tugs being built for Brazilian operator AMAGGI. The ships are under construction at the Beconal shipyard, located in Manaus, Brazil, and are designed with a focus on decarbonized operations. The engines will run on biodiesel, a capability that was a key factor in securing this contract. The order with Wärtsilä was booked in Q4 2025.The ships will each operate with two Wärtsilä 20 engines, equipped with a Wärtsilä Data Collection Unit (WDCU).

Amon Maritime was awarded investment grants of NOK 298 million ($29m) from Enova to support the construction of three new ammonia-fueled bulk carriers.The vessels, each in the Kamsarmax segment with a capacity of approximately 80,000–85,000 DWT, are designed to combine high energy efficiency with carbon free fuel. Fully aligned with the requirements of the EU Emissions Trading System (EU ETS) and the FuelEU Maritime regulation, they are designed for the future, delivering strong…

U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It is unclear how Trump will impose the move against the sanctioned vessels, and whether he will turn to the Coast Guard to interdict vessels like he did last week. The administration has moved thousands of troops and nearly a dozen warships - including an aircraft carrier - to the region."For the theft of our Assets…

The world’s largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.“It’s a great honor to be the first and only U.S. port for Neoliner Origin,” said Maryland Port Administration Executive Director Jonathan Daniels.

MPC Container Ships (MPCC) has entered into contracts with Taizhou Sanfu Ship Engineering in China for the construction of six 3,700 TEU container vessels scheduled for first delivery in second half of 2028.Each vessel will operate under a 10-year time charter, with extension options, to a top five liner company.The vessels are based on the newest design, which optimizes speed and fuel consumption for regional and feeder trades, while keeping enough flexibility to shift between…

The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China, albeit at discounts to global prices. Much of this is transported using…

With lower emissions and proven reliability, it’s the ready-now solution for cleaner port operationsAs demand for cleaner energy grows, port authorities and terminal operators face the challenge of finding environmentally friendly options without increasing budgets or sacrificing productivity. Propane has met these performance criteria at ports for decades, powering everything from terminal tractors and forklifts to shore power and generators. It reduces emissions while ensuring critical operational uptime…

The European Union has adopted fresh sanctions targeting companies and individuals accused of helping Moscow to circumvent Western sanctions on oil exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far, but Moscow has managed to adapt to most measures and is still selling millions of barrels of oil to India and China, albeit at discounts to global prices. Much of this is transported using a so-called shadow fleet of vessels operating…

Belgian offshore contractor Jan De Nul has concluded the 2025 transport and installation campaign of three HVAC grid connection cables at TenneT’s DolWin kappa platform.When finalized, these cables will ensure the transport of almost 660 MW renewable electricity from two offshore wind farms, which is enough energy needed to power more than 800,000 German homes.Jan De Nul and partner Hellenic Cables are responsible for design, production, transport, installation and protection of three 155 kV HVAC cables with a total length of 37 km.

Heidelberg Materials Northern Europe has taken a decisive step toward low-emission coastal logistics with the development of a next-generation methanol-powered cement carrier, an 80% emissions-cutting vessel that could redefine short-sea bulk operations in Scandinavia. Planned to enter service in early 2028, the newbuild is the product of a multi-stakeholder public-private partnership involving the Hartmann Group, the Green Shipping Programme (GSP) and the Norwegian NOx Fund,…

“Between January and November 2025, cement shipments, including clinker, have jumped 13% y/y, driven by a 39% y/y increase in shipments to Africa’s Atlantic coast. The region is experiencing high economic growth, fast urbanisation and rapid development in infrastructure, supporting construction activity and boosting the demand for cement,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Cement and clinker import dependency is high across most countries in the region as most countries have insufficient domestic production capacity.

BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July.His administration's plans for offshore leasing are a significant departure from that of his predecessor, President Joe Biden, which had planned…

In a move to accelerate the future of marine electrification, EVE Energy, and Green Whale Technology (GWT) have signed a strategic partnership agreement to provide high-performance marine Battery Energy Storage Solutions (BESS) and service to customers worldwide. This collaboration combines EVE Energy’s advanced lithium marine battery system technology, and GWT’s marine engineering, lifecycle service and commissioning expertise.Thanks to EVE’s active balancing technology, these systems deliver a lifetime of up to 15 years…

bound4blue, a leader in wind propulsion systems, has closed a $44 million funding round backed by leading maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC, and Katapult Ocean. The round brings together new investors including Motion Ventures, Odfjell family office and ReOcean Fund, led by the Prince Albert II of Monaco Foundation and Monaco Asset Management…

Havila Shipping has not had its case upheld in Oslo District Court and will appeal the judgment.In January and March, the company filed a lawsuit against DnB Bank ASA, Danske Bank AS NUF, and Swedbank AB (publ).The banks have maintained that Havila Shipping breached refinancing terms by converting of debt to equity and conducting a bond issue.In a statement, Havila said: “Havila Shipping does not agree with the judgment, and the district court's ruling is not a final decision in the matter.